Kla Samaritan Foundation Inc Co First

RALEIGH, NC EIN: 20-5831657

Kla Samaritan Foundation Inc Co First is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.0M in total assets. In 2024, it awarded 10 grants totaling $310K. Net investment income was $464K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.0M

+2.8% YoY

Annual Giving

$310K

-2.8% YoY

Grant Count

10

+0.0% YoY

Avg Grant Size

$31K

-2.8% YoY

Under IRS private-foundation payout rules, Kla Samaritan Foundation Inc Co First reported a distributable amount of $336K for 2024 — the minimum it must pay out in qualifying distributions.

About Kla Samaritan Foundation Inc Co First

Based on IRS filings

Kla Samaritan Foundation Inc Co First is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.0M in total assets. In 2024, it awarded 10 grants totaling $310K. Net investment income was $464K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AshevilleChicagoColorado SpringsGrand RapidsLookout MountainOmahaPortsmouth

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$224K$449K$673K$897K20202021202220232024
Metric202420232022
Total Assets$5,968,687$5,806,833$5,965,105
Revenue$519,577$209,989$189,270
Expenses$368,018$369,138$429,602
Qualifying Distributions$310,435$319,505$360,000
Net Investment Income$463,673$149,745$136,266
Distributable Amount$335,987$307,160$319,708

Giving Over Time

Total grant dollars and number of grants per year

$0$90K$180K$270K$360K9 grants202010 grants202110 grants202210 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

JUVENILE PROTECTION ASSO…$75KTHE HOPE CENTER INC$50KCOMPASSION INTERNATIONAL$45KCALVIN UNIVERSITY$35KCHICAGO LIGHTS$30KBILTMORE BAPTIST CHURCH$20KOMAHA STREET SCHOOL$20KChalmers Center$15KTUTORING CHICAGO$15KMATH CIRCLES OF CHICAGO$5K

Grant Size Distribution

49 grants across all recorded years

39<$50K10$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Juvenile Protection Association ($75,000), The Hope Center Inc ($50,000), Compassion International ($45,435).

RecipientPurposeAmount
BILTMORE BAPTIST CHURCH PORTSMOUTH, VAGENERAL PURPOSE$20,000
MATH CIRCLES OF CHICAGO CHICAGO, ILGENERAL PURPOSE$5,000
Chalmers Center Lookout Mountain, GAGENERAL PURPOSE$15,000
CHICAGO LIGHTS CHICAGO, ILGENERAL FUNDING$30,000
CALVIN UNIVERSITY GRAND RAPIDS, MIGENERAL PURPOSE$35,000
COMPASSION INTERNATIONAL COLORADO SPRINGS, COGENERAL FUNDING$45,435
THE HOPE CENTER INC OMAHA, NEGENERAL FUNDING$50,000
TUTORING CHICAGO CHICAGO, ILGENERAL FUNDING$15,000
JUVENILE PROTECTION ASSOCIATION CHICAGO, ILGENERAL FUNDING$75,000
OMAHA STREET SCHOOL OMAHA, NEGENERAL FUNDING$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KAREN H HOLLINGSWORTHDIRECTOR5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Kla Samaritan Foundation Inc Co First?

Kla Samaritan Foundation Inc Co First is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. It holds $6.0M in total assets as of 2024.

How large is Kla Samaritan Foundation Inc Co First?

As of 2024, Kla Samaritan Foundation Inc Co First holds $6.0M in total assets with $520K in annual revenue. It awarded 10 grants totaling $310K in 2024.

Where does Kla Samaritan Foundation Inc Co First operate?

Kla Samaritan Foundation Inc Co First has awarded grants in Colorado, Georgia, Illinois, Michigan, North Carolina, Nebraska, Virginia.

What size grants does Kla Samaritan Foundation Inc Co First award?

In 2024, Kla Samaritan Foundation Inc Co First awarded 10 grants totaling $310K — an average of about $31K per grant, based on its IRS Form 990 filings.

How much is Kla Samaritan Foundation Inc Co First required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Kla Samaritan Foundation Inc Co First reported a distributable amount of $336K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Kla Samaritan Foundation Inc Co First's EIN?

Kla Samaritan Foundation Inc Co First's EIN (Employer Identification Number) is 20-5831657. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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